1. Get unlimited access to documents by upgrading to Premium Membership.
  2. We are not accepting new members currently. If you would like to join, please contact us.
    Dismiss Notice
C06964

Intermediate bank account 2011-04-28

Intermediate bank account

  1. C06964
    An intermediary bank is a financial institution that has a relationship with the destination bank (in this case the supplier bank account you are setting up) which is not a direct correspondent of the source bank (the disbursement bank in AP/Payments), which facilities the funds transfer to the destination
    bank.